Investment - Homes for Sale in Des Moines, IA

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  /3

  $475,000

  • Studio
  • 6 Baths
  • 4,269 Sq Ft

  686 19th St, Des Moines, IA 50314

  Discover this historic 6-plex in the heart of Des Moines’ sought-after Sherman Hill neighborhood. Built in 1913, this NX2A-zoned multifamily property blends classic charm with modern updates. Currently 100% occupied, it offers both immediate cash flow and strong long-term upside. Each of the six units features comfortable layouts and updated amenities, designed to meet the expectations of today’s

  

  Joe Hand

  Keller Williams Realty GDM

  (515) 493-7161

  686 19th St, Des Moines, IA 50314
• Explore Des Moines

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  /26

  $220,000

  • 4 Beds
  • 2 Baths
  • 2,196 Sq Ft

  1440 21st St, Des Moines, IA 50311

  Sitting on an oversized lot with fresh snow framing its clean exterior, this home blends the charm of its original era with the practical updates. Step inside to sun-filled rooms lined with new flooring mixed with beautifully preserved original hardwood, giving the home that rare blend of character and function. Fresh paint throughout brightens each space, and large windows in nearly every room

  

  Darson Grantham

  Keller Williams Realty GDM

  (515) 501-5979

  1440 21st St, Des Moines, IA 50311
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  /2

  $129,500

  • 2 Beds
  • 1 Bath
  • 736 Sq Ft

  215 Clark St, Des Moines, IA 50314

  Discover the charm of 215 Clark Street — a bungalow that combines historic character with modern comfort. This 2-bedroom, 1-bath gem offers 736 sq. ft. of inviting living space with laminate flooring, and kitchen with newer appliances. Enjoy the convenience of main-level laundry and peace of mind with a newer furnace and central A/C.Has a detached 1-car garage. Nestled in the vibrant River

  

  Joanne May

  RE/MAX Concepts

  (515) 690-6586

  215 Clark St, Des Moines, IA 50314
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  /21

  $305,000

  • 2 Beds
  • 2.5 Baths
  • 1,456 Sq Ft

  335 Forest Ave Unit 21, Des Moines, IA 50314

  Experience modern living in the charming historic Riverbend neighborhood. Just steps from all downtown has to offer—restaurants, The Casey’s Center, shops, bike paths, parks, hospitals, and I-235. This spacious two-story townhome offers nearly 1,500 sq ft with stainless steel appliances, LVP flooring, quartz countertops, 2 bedrooms, 2.5 baths, a deck, and a 2-car attached garage with SMART Home

  Justin Torres EXP Realty, LLC

  335 Forest Ave Unit 21, Des Moines, IA 50314
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  /9

  $119,900

  • 3 Beds
  • 1 Bath
  • 1,178 Sq Ft

  4033 7th St, Des Moines, IA 50313

  Handyman Special/Investment Opportunity. 3 bedroom, 1 bathroom home on a quiet street in Des Moines!. Home is Being Sold As-Is. Inspections are for Buyers knowledge only, No Repairs will be made. Contact your favorite realtor today for a showing!

  Collin Coy Realty ONE Group Impact

  4033 7th St, Des Moines, IA 50313
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  /18

  $194,900

  • 2 Beds
  • 2 Baths
  • 768 Sq Ft

  3103 E Shawnee Ave, Des Moines, IA 50317

  Whether you're a first-time homebuyer, looking to downsize, or searching for a great investment property, this home is a perfect fit! This charming 2-bed, 2-bath home with a detached 1-car garage has so much to offer. Enjoy peace of mind with a new HVAC system (2024) and updated main bathroom (2024/2025)...plus the following large ticket items have been redone in the last ten years as well:

  Michelle Hanson RE/MAX Concepts

  3103 E Shawnee Ave, Des Moines, IA 50317
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  /29

  $259,820

  • 3 Beds
  • 2.5 Baths
  • 1,617 Sq Ft

  7000 Lake Ridge Ave Unit 2, Des Moines, IA 50320

  This modern 2-story townhome featuring an open concept design, stylish kitchen, and plenty of natural light throughout. This home offers a blank canvas for your personal touches. An attached 2-car garage, efficient layout, and contemporary finishes make daily living easy and comfortable. With 6 years of tax abatement left, you’ll benefit from major cost savings. Townhome is rental/Airbnb-eligible

  Nicholas Williams Summit Real Estate Services

  7000 Lake Ridge Ave Unit 2, Des Moines, IA 50320
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  /34

  $220,000

  • 2 Beds
  • 2 Baths
  • 720 Sq Ft

  2907 Des Moines St, Des Moines, IA 50317

  Get ready to vibe in this transformed 2 bed, 2 bath home! With wood-look finishes, stone backsplashes, and a fireplace, the interior is cozy and inviting. Finished basement with bedrooms, living space and full bath. Walk out to the covered deck and patio area, perfect for grilling, entertaining, and relaxing in the hot tub, all within a privacy-fenced oasis. The property also features a

  Gilbert Gonzales RE/MAX Precision

  2907 Des Moines St, Des Moines, IA 50317
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  /24

  $315,000

  • 2 Beds
  • 2.5 Baths
  • 1,498 Sq Ft

  335 Forest Ave Unit 24, Des Moines, IA 50314

  Experience modern living in the charming, historic Riverbend neighborhood, just steps from all downtown has to offer—restaurants, The Casey’s Center, shops, bike paths, parks, hospitals, and I-235. This spacious two-story townhome offers nearly 1,500 sq ft with stainless steel appliances, LVP flooring, quartz countertops, 2 bedrooms, 2.5 baths, a deck, and a 2-car attached garage with SMART Home

  Justin Torres EXP Realty, LLC

  335 Forest Ave Unit 24, Des Moines, IA 50314
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  /18

  $139,000

  • 2 Beds
  • 1 Bath
  • 1,038 Sq Ft

  425 NE Broadway Ave, Des Moines, IA 50313

  Discover a rare mixed-use investment opportunity on a spacious lot. This home is ideal for both traditional buyers and investors seeking rental income or space for a side business. With mixed-use zoning, you can build a shop or small commercial space behind the house making it perfect for a workshop, storage, office, or boutique-style venture. Much of the remodeling is already done, making it

  Tom Butler Keller Williams Realty GDM

  425 NE Broadway Ave, Des Moines, IA 50313
• 

  

  /19

  $295,000

  • 2 Beds
  • 2.5 Baths
  • 1,456 Sq Ft

  335 Forest Ave Unit 22, Des Moines, IA 50314

  Experience modern living in the charming, historic Riverbend neighborhood, just steps from all downtown has to offer—restaurants, The Casey’s Center, shops, bike paths, parks, hospitals, and I-235. This spacious two-story townhome offers nearly 1,500 sq ft with stainless steel appliances, LVP flooring, quartz countertops, 2 bedrooms, 2.5 baths, a deck, and a 2-car attached garage with SMART Home

  Justin Torres EXP Realty, LLC

  335 Forest Ave Unit 22, Des Moines, IA 50314
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  /35

  $245,000

  • 3 Beds
  • 1.5 Baths
  • 1,217 Sq Ft

  3914 Dosh Rd, Des Moines, IA 50310

  Welcome home to this warm and inviting ranch-style retreat, nestled in a well-established neighborhood. The covered front porch is the perfect spot to enjoy your morning coffee, setting the stage for the comfort you’ll find inside. Step into a spacious living room that flows seamlessly into a formal dining area—ideal for family dinners or entertaining friends. With three bedrooms and two

  Lynette Williamson Century 21 Signature

  3914 Dosh Rd, Des Moines, IA 50310
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  /31

  $249,000

  • 3 Beds
  • 2 Baths
  • 1,437 Sq Ft

  1614 Center St, Des Moines, IA 50314

  Stop renting and buy your first home in the famous Sherman Hills area! This historic and charming Des Moines neighborhood offers a unique opportunity with its work/live zoning, allowing you to run a business right out of your home. You'll love the location: it's within walking distance of Downtown Des Moines, the Hoyt Sherman Event Center, restaurants, bars, and coffee shops. Plus, with quick

  Bill Ludwig RE/MAX Concepts

  1614 Center St, Des Moines, IA 50314
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  /3

  $139,900

  • 3 Beds
  • 1.5 Baths
  • 1,525 Sq Ft

  3634 SW 4th St, Des Moines, IA 50315

  Handyman Special. Nice Opportunity for an investment or homeowner that wants some sweat equity. 3 Bedroom, 2 Bathroom Home on a quiet street on the SW side of Des Moines! Tons of potential. Contact your favorite realtor for a showing today!

  Collin Coy Realty ONE Group Impact

  3634 SW 4th St, Des Moines, IA 50315
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  /26

  $260,000

  • 3 Beds
  • 2.5 Baths
  • 1,617 Sq Ft

  7000 Lake Ridge Ave Unit 4, Des Moines, IA 50320

  This move-in ready 2-story townhome comes fully furnished, making it an effortless option for both homeowners and investors. Inside, you'll find an open layout with modern finishes, comfortable living spaces, and everything you need already in place. With 6 years of tax abatement remaining, this home offers significant savings and long-term value. Even better, it's eligible to be rented out,

  Tony Berry RE/MAX Concepts

  7000 Lake Ridge Ave Unit 4, Des Moines, IA 50320
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  /16

  $134,500

  • 2 Beds
  • 1 Bath
  • 609 Sq Ft

  1243 Hackley Ave, Des Moines, IA 50315

  Great Investment Opportunity – 2 Bed, 1 Bath Home! This charming 2-bedroom, 1-bath property is the perfect investment or starter home! Featuring a spacious layout, bright natural light, and a large yard with plenty of potential, this home offers endless possibilities for investors or first-time buyers alike. With just a little TLC, it could be transformed into a high cash-flow rental or an

  Talor Woodson Iowa Realty Ankeny

  1243 Hackley Ave, Des Moines, IA 50315
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  /24

  $198,000

  • 2 Beds
  • 2 Baths
  • 1,102 Sq Ft

  2512 Forest Dr, Des Moines, IA 50312

  Investor’s Dream in the well sought after South of Grand Location! A rare opportunity featuring two homes on one property — perfect for investors or anyone looking to live in one and rent the other. 2512 Forest Drive is a charming carriage house that sits away from the street offering a private getaway in a scenic wooded area. Currently a rental and could be used as potential vrbo or guest home.

  Lucrezia Moore Iowa Realty Mills Crossing

  2512 Forest Dr, Des Moines, IA 50312
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  /28

  $344,900

  • 3 Beds
  • 2.5 Baths
  • 1,676 Sq Ft

  307 SW 7th St Unit 103, Des Moines, IA 50309

  Location and a view!! Brand new appliances, fresh paint and updated lighting has this charming brownstone move in ready!! With its proven appeal and prime location, this is a rare opportunity to own a home that offers both comfort and investment potential. The highlight is the private rooftop patio with a wet bar and breathtaking skyline views. This spacious 1,676 sqft. residence features 3

  B.J. Knapp Iowa Realty Mills Crossing

  307 SW 7th St Unit 103, Des Moines, IA 50309
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  /2

  $546,000

  • 4,787 Sq Ft

  3103 Grand Ave, Des Moines, IA 50312

  Great investment opportunity, located on historic Grand Ave. Prime as a income property or redevelopment opportunity in the booming Ingersoll Corridor area. Across the street from Des Moines University.

  Brian K Spraggins Hunziker & Assoc.-Ames

  3103 Grand Ave, Des Moines, IA 50312
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  /9

  $179,000

  • 3 Beds
  • 2 Baths
  • 1,300 Sq Ft

  6107 SW 14th St, Des Moines, IA 50315

  Priced under assessed value! Great home, priced to sell and quick possession possible. 2 additional non-conforming rooms in the basement. Some work needed but factored in the priced. Schedule your appt right away. Great investment or rental potential

  Natasha Ratliff Epique Realty

  6107 SW 14th St, Des Moines, IA 50315
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  /21

  $229,990

  • Studio
  • 2 Baths
  • 1,776 Sq Ft

  3616 SE 11th St, Des Moines, IA 50315

  This ranch-style duplex is an excellent investment opportunity, ready to generate cash flow with separate meters for each unit. Each unit features 2 bedrooms, 1 bathroom, and a laundry room complete with washer and dryer included. Bothunits offer an attached 1-car garage and share a large fenced in yard, providing space and privacy for tenants. This property is perfect for investors looking

  Dennis Diaz Rodas Century 21 Signature

  3616 SE 11th St, Des Moines, IA 50315
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  /19

  $104,900

  • 2 Beds
  • 1 Bath
  • 801 Sq Ft

  1100 E 6th St Unit 5, Des Moines, IA 50316

  Welcome to your urban oasis on the edge of the East Village! This updated condo at 1100 East 6th Street is serving modern vibes with a side of convenience. Fresh paint? Check. Brand-new flooring? Absolutely. A sleek, remodeled bathroom? Oh yes. Complex Swimming Pool? For sure,—it’s giving spa-day-every-day energy. Soak up the natural light in your spacious layout before heading out to explore—Des

  Tony Muse RE/MAX Precision

  1100 E 6th St Unit 5, Des Moines, IA 50316
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  /12

  $169,999

  • 8 Beds
  • 5 Baths
  • 3,178 Sq Ft

  1420 9th St, Des Moines, IA 50314

  Own a piece of history in River Bend! This early 1900s Victorian stands tall in the River Bend Local Historic District with over 3,100 square feet of finished space, offering unique potential for restoration or multi-family investment. Inside, you'll find 8 bedrooms and 4 bathrooms across a layout that hints at prior multi-unit use, making it ideal for rental income, house hacking, or future

  George Romero RE/MAX Concepts

  1420 9th St, Des Moines, IA 50314
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  /19

  $155,000

  • 2 Beds
  • 1 Bath
  • 880 Sq Ft

  1125 Euclid Ave, Des Moines, IA 50313

  This property is perfect for anyone wanting a home they can make their own. Inside, you?ll find a practical floor plan with a living room, kitchen, and two bedrooms. The unfinished basement offers generous storage space, along with a partially finished area that opens the door to future possibilities. A newer A/C unit and boiler add comfort and peace of mind. Located in the Oak Park neighborhood,

  Ky Zen RE/MAX Precision

  1125 Euclid Ave, Des Moines, IA 50313
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  /34

  $269,900

  • 2 Beds
  • 2 Baths
  • 1,163 Sq Ft

  119 4th St Unit 208, Des Moines, IA 50309

  *** NEW PRICE! *** INVESTMENT OPPORTUNITY *** just $269,900! CONDOMINIUM with 2 ... (TWO!!) CAR Heated PARKING with STORAGE ... hard to find anywhere downtown at this price point. Parking is side-by-side in a private nook with space all around and between it. A true score! The 2 bedroom/2 bath condo is lovely, with updated engineered hardwood flooring, granite countertops and a 2nd floor balcony

  Darla Willett-Rohrssen Iowa Realty Mills Crossing

  119 4th St Unit 208, Des Moines, IA 50309
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  /17

  $180,000

  • Studio
  • 5 Baths
  • 2,709 Sq Ft

  1825 7th St, Des Moines, IA 50314

  Such an amazing chance to start or build your investment portfolio. This fully rented multifamily property brings in steady income and has been well maintained. Located centrally with easy access to everything, it is attractive for renters. Must request showing AT LEAST 48 hours in advance.

  Sarah Shaffer Realty ONE Group Impact

  1825 7th St, Des Moines, IA 50314
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  /29

  $180,000

  • 2 Beds
  • 2 Baths
  • 672 Sq Ft

  2916 Walker St, Des Moines, IA 50317

  Purchase this Eastside gem and receive a $4,000 credit to use towards closing!!! Whether you are looking for the perfect starter home or even a great investment opportunity, this is the home for you!! Located just a block from the Iowa State Fairground, this lovely home has been updated and cared for and is ready for a new family to call it home! The main level features a large front family room,

  Nathan Lee Realty ONE Group Impact

  2916 Walker St, Des Moines, IA 50317
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  /16

  $95,000

  • 2 Beds
  • 1 Bath
  • 698 Sq Ft

  1603 Searle St, Des Moines, IA 50317

  Discover a great investment opportunity at 1603 Searle St. This 2 bedroom, 1 bathroom home offers plenty of potential for the right buyer. With some sweat equity, you can unlock value and make this property truly shine. The property offers ample outdoor space with room to enhance. This home is perfect for investors or anyone looking for a project.

  Angie Vivaldo Keller Williams Realty GDM

  1603 Searle St, Des Moines, IA 50317
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  /8

  $120,000

  • 3 Beds
  • 1.5 Baths
  • 1,092 Sq Ft

  1557 27th St, Des Moines, IA 50311

  Investment opportunity! Great location, just a block from Drake University campus. Large backyard and deck off kitchen. This income-producing 3-bedroom rental was generating $1,400 per month with potential for future rent growth. Tenant just vacated and the rental certificate is valid through December 2027—offering peace of mind for quick occupancy. The seller owns a large portfolio—ask your

  Abby Hausmann-Virgil Keller Williams Ankeny Metro

  1557 27th St, Des Moines, IA 50311
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  /20

  $225,000

  • Studio
  • 2 Baths
  • 1,752 Sq Ft

  1427 7th St, Des Moines, IA 50314

  ***CONTRACT TERMS AVAILABLE*** Discover the potential of this updated multi-family property, perfectly situated just a stone's throw away from downtown and within walking distance to the local elementary school. This versatile investment features a spacious 3-bedroom, 1-bathroom unit on the main level, ideal for families seeking comfort and convenience. The upper-level boasts a cozy 2-bedroom,

  Matt Hennig Platinum Realty LLC

  1427 7th St, Des Moines, IA 50314
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  /8

  $109,900

  • 3 Beds
  • 1 Bath
  • 860 Sq Ft

  1225 West St, Des Moines, IA 50315

  Handyman Special! Nice Investment Opportunity on the SW Side of Des Moines. Property is being Sold As-Is. Contact your favorite Realtor for a Showing Today!

  Collin Coy Realty ONE Group Impact

  1225 West St, Des Moines, IA 50315
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  /3

  $78,000

  • 2 Beds
  • 1 Bath
  • 938 Sq Ft

  1251 10th St, Des Moines, IA 50314

  Investment opportunity with a current rental certificate through December 2027. Rents for $1,000/month. Two-bedroom, 1 bathroom home with offstreet parking. Tenant pays all utilities and does lawncare and snow removal. 48-hour notice for showings. Seller has a large portfolio; ask your agent for the proforma.

  Abby Hausmann-Virgil Keller Williams Ankeny Metro

  1251 10th St, Des Moines, IA 50314
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  /34

  $299,000

  • Studio
  • 2 Baths
  • 1,513 Sq Ft

  1242 Mckinley Ave, Des Moines, IA 50315

  Exceptional Investment Opportunity! Introducing a versatile multi-family residence perfect for investors or homeowners looking for income potential! This property features 2 distinct units w/a total of 4 bedrooms. *UNIT DETAILS* MAIN UNIT-Experience the charm & comfort of the main house w/2 bedrooms on main level complemented by your own inviting front porch, spacious family room, large dining

  David Vaughan RE/MAX Concepts

  1242 Mckinley Ave, Des Moines, IA 50315
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  /35

  $625,000

  • 7 Beds
  • 4 Baths
  • 3,223 Sq Ft

  930 18th St, Des Moines, IA 50314

  Amazing multi used zoning property! COMMERCIAL or Residential! Nestled in the coveted Sherman Hill Historical District, this stunning 7 bedroom, 4 full bathroom masterpiece boasts over 4,300 finished square feet of living space, blending timeless character with cutting edge modern amenities. Meticulously restored and relocated to this prestigious neighborhood in 2019, the property features a

  Gilbert Gonzales RE/MAX Precision

  930 18th St, Des Moines, IA 50314
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  /2

  $1,115,000

  • 9,960 Sq Ft

  3117 Grand Ave, Des Moines, IA 50312

  Great investment opportunity. Located on historic Grand Ave. Prime as an income property or redevelopment opportunity in the booming Ingersoll Corridor.

  Brian K Spraggins Hunziker & Assoc.-Ames

  3117 Grand Ave, Des Moines, IA 50312
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  /43

  $770,000 New Construction

  • 3 Beds
  • 3.5 Baths

  Playa Avellanas Tamarindo, Des Moines, IA 50309

  Stunning 3-bedroom, 3.5-bath beach home in Avellanas Beach, Costa Rica. Just a short walk to the tranquil Lagartillo Beach, this tropical contemporary residence combines modern elegance with natural charm. The home will be delivered fully furnished and equipped with high-end appliances, featuring elegant finishes, a private water storage tank, lush landscaping, and a striking stone facade.

  Hans Waisfeld LoKation

  Playa Avellanas Tamarindo, Des Moines, IA 50309
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  /24

  $159,900

  • 1 Bed
  • 1 Bath
  • 865 Sq Ft

  400 Walnut St Unit 1102, Des Moines, IA 50309

  Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional property allows for both short-term and long-term rentals, offering unmatched flexibility. Enjoy easy access to the city's best restaurants and shopping just steps away. The property includes parking, a sauna, an exercise room, and an additional storage unit. Best of all, it comes fully furnished and ready to rent

  David Rodriguez RE/MAX Precision

  400 Walnut St Unit 1102, Des Moines, IA 50309
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  /2

  $85,000

  • Land
  • 0.23 Acre
  • $363,248 per Acre

  1029 Bundy St, Des Moines, IA 50315

  Your blank canvas awaits! Corner lot, ready for your investment, dream home, or what ever your heart desires!

  Tiffany Marcum The American Real Estate Co.

  1029 Bundy St, Des Moines, IA 50315
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  /25

  $275,000

  • 4 Beds
  • 2 Baths
  • 1,764 Sq Ft

  2510 Forest Dr, Des Moines, IA 50312

  Investor’s Dream in the well sought after South of Grand Location! A rare opportunity featuring two homes on one property — perfect for investors or anyone looking to live in one and rent the other. 2510 Forest Drive is a two-story home & currently offers two apartments (one up, one down) with the option to convert back to a single-family residence. First floor has a large porch, wood flooring,

  Lucrezia Moore Iowa Realty Mills Crossing

  2510 Forest Dr, Des Moines, IA 50312
• 

  

  /27

  $135,000

  • 3 Beds
  • 1 Bath
  • 1,098 Sq Ft

  1615 Jefferson Ave, Des Moines, IA 50314

  Fantastic value on this charming ranch featuring original woodwork throughout. The home has been used exclusively as a rental property and offers flexibility as an investment opportunity or a wonderful first home. Step into a spacious living room where hardwood floors flow seamlessly throughout the main level, leading to three bedrooms and a fully updated bathroom. Just off the living room is a

  Megan Carey O'Leary RE/MAX Concepts

  1615 Jefferson Ave, Des Moines, IA 50314

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